How to Get Rid of Sentimental Clutter and Spend More Intentionally (+ Free Printables)

It’s easy to get rid of old magazines and clothes that no longer fit, but throwing out vacation souvenirs or old photographs can be difficult. Sentimental clutter refers to items with special meaning or memories you have an emotional attachment to, but take up space in your home. This could be a birthday card that your Grandpa sent you or a stuffed bear your kids won at the state fair. Even though these items hold a special place in your heart, they may not be serving you anymore. Instead, they’re cluttering your home, life, and budget.

Sixty-six percent of Americans think an unorganized home makes them stressed or anxious. However, 61 percent of us have a hard time parting with sentimental items. Letting go of material items you don’t use can help you reduce stress and financial burdens. From canceling subscriptions you never use to repurposing items, you could cut down on waste and save or make some extra cash. Below, we’ll walk through how to get rid of sentimental clutter and how to be intentional with the items your family keeps.

1. Create a Realistic Decluttering Schedule

Decluttering and cleaning your space can feel like a full-time job if you don’t plan accordingly. Decide whether you’re going to knock your decluttering out over a series of days or weeks. If you have a shorter timeline, consider taking a day off of work so you can focus your energy on organizing. Remember to reward yourself with a relaxing spa night at home once you’ve saved some extra pennies from selling or donating unwanted items.

2. Recruit a Loved One Over Hiring a Professional

Spark a little competition while decluttering with your loved ones instead of spending money on a professional organizer. You could each learn how to say no to things you don’t need by gamifying your cleaning schedule. Print out our 30-day decluttering challenge and split the tasks up for each person to tackle. See who can finish their list the fastest to win an ice cream treat.

3. Start With Your Bathroom

It may be overwhelming when figuring out which room to tackle first. Start with the smallest room — typically the bathroom — and work your way to the largest space. Once you’ve gotten the hang of saying goodbye to small sentimental clutter, you’ll be ready to sell bigger items like your dad’s old recliner.

Start With Your Bathroom

Start With Your Bathroom

4. Separate What’s Meaningful and What Takes Up Space

You may hit some roadblocks when deciding if you should keep or ditch a sentimental item. When you do, think about the last time you used it and if it still serves a purpose in your life today. Go through our four questions to help your family decide if you should keep or ditch items throughout your home.

  • Do you still like the item?
  • Do you use the item on a regular basis?
  • Does it serve a purpose in your life today?
  • Do you have more than one of the same or similar items?

5. Sell Collectables to a New Home

Remember that items you’re getting rid of could be valuable to others. For instance, your grandpa’s old recliner may not be useful for your family, but it could be a college student’s new prized possession. If you don’t know if something is valuable, look it up online or get it appraised at an antique shop. Then, consider hosting a garage sale for collectables. You can also list these items for sale on Facebook Marketplace, Craigslist, or your social media accounts to earn some extra cash.

6. Say Goodbye to Sentimental Guilt

The way your family treats items says a lot about whether you should keep them or not. You may have your first pair of baby shoes stored in your attic that you can’t fathom getting rid of, but you shouldn’t be hard on yourself if you decide you need to move them along. A good rule of thumb is that if you haven’t touched an item in over a year, it may be time to say goodbye. Shed light on this process by downloading our printable and highlighting what you’re grateful for getting rid of.

Say Goodbye to Sentimental Guilt

Say Goodbye to Sentimental Guilt

7. Revisit and Reorganize Every Year

Every spring, take time to declutter your home, office, life, and budget again. Make this a family activity and offer an outdoor adventure as a reward for doing a good job. Divide up the space and as you each clean your designated areas, celebrate small victories by taking a 10-minute dance break every hour. This can turn cleaning into a fun family bonding activity.

8. Repurpose, Reuse, Recycle, and Spend Less

Sorting through your valuables may resurface items you forgot about. You may want to repurpose some things or gift them to a family member rather than getting rid of them or purchasing something new. For example, your old-fashioned record player could be your kids’ new favorite birthday gift. Save money on gifts, wasteful items, and duplicated purchases you don’t need.

If you do decide to get rid of an item, see if you can recycle or donate it rather than trashing it. Download our sort the waste game to see which items should be recycled in which bin. While sorting your waste, there are a few items that are harmful to throw away. Research responsible e-waste facilities that’ll pay for recycled electronics listed below:

  • Flatscreen TVs
  • Smartphones
  • Electronics containing heavy metals, lead, and cadmium
  • Mercury thermometers
  • Fluorescent light bulbs
  • Smoke detectors

Repurpose, Reuse, Recycle, and Spend Less

Repurpose, Reuse, Recycle, and Spend Less

How to Spend More Intentionally and Minimize Clutter

Sorting through your home may put your spending habits into perspective. You may notice the abundance of things that don’t serve a purpose in your lifestyle. Think about a closet full of clothes you only wore once or subscriptions you don’t remember having. Exercising mindful spending will help save time, money, and energy, and can be adopted with these tips.

Audit Your Subscription Services

Sixty-five percent of American’s have no idea how much they spend each month. Check your monthly card statement to spot any subscriptions that you could cut out. These repetitive subscriptions could be apps on your phone or account service fees like Amazon Prime. Audit your statements using our app every three months to avoid wasting money under your radar.

Avoid Bringing Home Bargain Clutter

You may have heard the phrase “well it was on sale”! Just because an item is discounted doesn’t mean you need it in your life. Eight out of 10 people admit to wasting money on things they don’t need. Exercise mindful spending and download our app to track where your family’s money goes on a daily basis.

Only Spend When You Receive

It’s easy to overspend when your family’s not paying attention to how much money is going out versus coming in. To keep your budget on track, pay your bills in full once a month and create weekly spending limits. Download our budgeting app and break down your budget by week to ensure you and your family stick to it.

While decluttering can calm your mind, it can also boost your family’s creativity. To break out of a funk or get your creative juices flowing, start re-evaluating what you do and don’t need in your life. Even though some goodbyes may pull on your family’s heartstrings, they could earn you some extra cash. Cut down on unnecessary spending and sell valuable items to help clear up your space. Practice minimalism to own less, spend less, and increase your savings or investments.

Sources: Happify | Bob Villa

The post How to Get Rid of Sentimental Clutter and Spend More Intentionally (+ Free Printables) appeared first on MintLife Blog.

Source: mint.intuit.com

Consumer Spending Habits Are Changing — What to Know

The COVID-19 pandemic has been the biggest overnight financial shakeup in our country’s history. Its effects will be felt for years into the future, if not permanently. On the economic front, it’s caused a huge change in consumer spending, largely due to how people’s income and living/working patterns have shifted. 

How Income Is Changing

According to a July report from the Congressional Research Service, the big changes in household income hasn’t affected everyone equally. Those who are hardest-hit already had a lower income to begin with — families with children, and non-white people. For example, 71% of parents earning under $25,000 per year have lost income, compared to only 33% of child-free households earning more than $200,000 per year. 

In other words, the rich are staying rich (and even getting richer), while the poor are getting poorer. And since these high-earners are increasingly working from home, it’s caused massive shake-ups in consumer spending, with winners and losers on all fronts. 

Top Spending Categories of 2020

The average family earned $68,703 (or $5,725 per month) during 2019, according to Census data. We don’t yet know what it’ll be for 2020, although it’ll almost certainly be lower when averaged across the entire population, including those with and without income losses. Here’s how the loss in income is affecting what people are spending their money on. 

Alcohol

Pre-Pandemic: In 2019, the average household spent $579 on alcohol, according to the Bureau of Labor Statistics (BLS). 

Pandemic: In April of 2020, alcohol spending was up by approximately 50%, according to an analysis from The New York Times.

With everyone stuck at home and a looming sense of existential doom everywhere you look, it’s no wonder that spending on alcohol has increased. The way people are buying their alcohol is shifting, too, according to a May 2020 Nielsen report. In-store sales of booze jumped by around 26% compared to the same time a year ago. Online sales were even more popular, with a 477% jump in direct-to-your-door delivery service. 

In addition, people shifted to buying larger packages of alcohol, with a 20% jump in sales of 24- and 30-packs of beer and cider, and a 2% decrease in sales of six-packs. Sales of boxed wine in particular were also up by 44% from the previous year, as was 1.75L Costco-sized jugs of hard liquor, with a 47% increase. 

Groceries

Pre-Pandemic: The average family spent $4,643 on groceries in 2019, according to the BLS.

Pandemic: Grocery spending is up by 10%, according to an October report by The New York Times. 

Whether it’s the sourdough bread craze or cozy comfort foods, many people have gotten a crash course in cooking from home over the past few months. And although groceries have always been a big part of the household budget (especially if you have teenagers), they’re higher now than they’ve ever been before. 

However, you can get your groceries in a lot of ways, and some are booming more than others right now. For example, an earlier survey from The New York Times in April showed that while spending at supermarkets was largely the same compared to the prior year, spending at online grocers was up by 80%, food delivery spending was up by 50%, and spending on meal kits surged by 40%. This isn’t surprising, as many people are still (rightfully) wary of packed grocery stores and are instead opting for the convenience of ready-to-cook-from-home meals.

Real Estate

Pre-Pandemic: The average sales price of a home was $278,800 in August 2019, according to the National Association of Realtors (NAR).

Pandemic: The average sales price of a home was 11% higher — $310,600 — in August 2020, according to the (NAR).

You’d think that the largest bombshell in U.S. economic history would derail the real estate markets that were already set off-course by the 2008 recession. So far (and surprisingly so), that hasn’t been the case. Despite the world burning (literally, if you live on the West coast), home prices continue to chug along at an increasing pace. 

There’s been a lot of speculation about why this is. Some experts suggest that high-paid tech workers (those least likely affected by the pandemic), are now free of their tether to high cost-of-living areas and are thus increasingly flooding out into the suburbs along with all of their cash. In particular, properties that are well-designed for working from home (such as those with extra rooms that can double as offices) are in particularly high demand. 

Areas Where Consumer Spending Dropped

As we’ve seen, some industries have picked up. But by and large, consumer spending is down, and here are some of the major industry drops. 

Travel

Pre-Pandemic: The average family spent $2,037 on their summer vacation in 2019, according to an Allianz Insurance survey.

Pandemic: Travel spending is down by 57%, according to October 2020 numbers from Status Money. 

Many of the highest-price travel is done overseas and at expensive places, like Disney World, and on cruise ships. Obviously, those things are out for this year. 

So although you can’t take that expensive Paris vacation you’ve always been dreaming of right now, that’s not stopping a lot of people. In June 2020, the American Automobile Association (AAA) predicted that 97% of trips would be taken by car, either locally or around the U.S. After all, there are still many world-class natural wonders to see right here at home, whether it’s Yosemite, Old Faithful, or hiking along the Appalachian Trail. 

Clothing 

Pre-Pandemic: The average U.S. family spent $1,883 on apparel during 2019, according to the BLS. 

Pandemic: Clothing spending was down by around 60% in April, according to an analysis from The New York Times.

With so many people working from home via Zoom, you really only need clothes on the top half of your body (be careful not to stand up from your desk though!). Even so, with so many places closed down and no one to see you, people just aren’t spending as much on clothes these days as they used to. 

Some of this spending has recovered. For example, while The New York Times recorded a decline of around 60% on clothing spending in April, it had recovered a bit to just a 20% decline by October. Sales of cosmetics were also down by 14%, at least for cosmetics brand L’Oreal. According to a JP Morgan analysis, certain cosmetics were particularly hard-hit, with fragrances, luxury makeup, and professional supplies down by 25%. 

Restaurants

Pre-Pandemic: The average U.S. family spent $3,526 on dining out in 2019, according to the BLS.

Pandemic: Restaurant spending is down by 15%, according to The New York Times.

COVID-19 is particularly transmissible in enclosed environments with a lot of packed people that are touching their faces. It’s no wonder that restaurants have emerged as a flare in the debate between safety vs. the economy. After all, the restaurant industry alone employs 15.6 million people, according to the National Restaurant Association. 

But just as with anything else, the impact isn’t equally spread across all types of restaurants. According to a May survey by McKinsey & Company, casual and fine dining saw the biggest declines of 70% to 85%, while pizza companies actually did better than usual, with up to a 5% increase in sales from the previous year. 

How Spending Will Change Over the Holidays

Last year, the average consumer spent $1,048 on holiday shopping, according to the National Retail Federation. This year, a survey by Power Reviews shows that 73% of people expect to spend about the same amount on holiday shopping as last year, despite the present state of the economy.

One thing that is changing, though, is that more people will shop online this year, and earlier, too. According to the same Power Reviews survey, 64% of people are planning on doing more online shopping this year, and around 25% of people are planning on getting an early head start. This is largely due to concerns about inventory and shipping delays. 

The post Consumer Spending Habits Are Changing — What to Know appeared first on Good Financial Cents®.

Source: goodfinancialcents.com

20+ Business Ideas For College Students

If you’re interested in starting a business while in college, here are some ideas that you might want to consider.

The post 20+ Business Ideas For College Students appeared first on Bible Money Matters and was written by Marc. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

Source: biblemoneymatters.com

6 Tips for Your Job Search During the Coronavirus Outbreak

A woman writes in a notebook with her laptop open next to her

New developments continue to pour in each day surrounding the coronavirus pandemic. The COVID-19 outbreak has drastically changed nearly every aspect of life for millions of people, and the workforce in particular has been hit hard. Businesses, employees, and job seekers are all scrambling to identify what exactly “normal” will look like in the coming months. Many employers are questioning how to continue business as usual, and people seeking new employment are left with an equally tough question: How do I get a job during this pandemic?

While things are
changing every day, it’s important to know there are plenty
of businesses still actively hiring new employees. Your job search may look a
bit different than it did in the past, but rest assured that there are still
opportunities ripe for the taking if you make a few adjustments to your overall
job search strategy.

Look Specifically for Remote Jobs

Many businesses
have been deemed “nonessential” and legally
ordered to shut their doors during the COVID-19 pandemic. With office buildings
closing up shop for the time being, it’s a great idea
to focus your job-hunting efforts on remote work.

Work-from-home
opportunities have recently seen an exponential growth in popularity, and the
coronavirus crisis has forced even more businesses to rely on remote work to
keep things operational. As you begin your search, keep a closer eye out than
usual for remote job opportunities related to your field and expertise.

Specifically, come up with a plan for yourself should you land an interview for a remote job. Be prepared for a virtual interview and have a game plan for discussing how you would manage a balanced work-from-home routine. If you have prior experience working remotely, emphasize this on your resume. Once you have a plan in place, start your search by browsing a job board focused on remote employment such as FlexJobs.

Embrace Online Networking

Your professional
network is more important now than ever before. If you haven’t logged into your LinkedIn account recently, this is the time
to start embracing the power of online networking.

In addition to
browsing available jobs on the platform, make sure you’re interacting with your connections, sharing articles, and
keeping your profile in tip-top shape. After all, your LinkedIn profile can
catch the eye of a recruiter and become a deciding factor in whether you are
chosen for a job.

Even further, according to a field experiment conducted by ResumeGo, job seekers with an active and comprehensive LinkedIn profile had a 71% higher chance of getting an initial job interview. In short, now is your time to shine on LinkedIn!

Broaden Your Job Scope and Your Resume

If you’ve been
job hunting during the current pandemic and simply haven’t found many jobs you consider an ideal fit for you, it might
be time to broaden your horizons—even if it’s just a little.

Remember to keep
an open mind as you browse openings and realize that current opportunities are
a reflection of these trying times. With companies implementing hiring freezes
and others struggling to adjust to remote work, your dream job simply may not
be feasible at the time, and that’s okay!

Reevaluate your
best skills and ask yourself how else they could be useful to a company. Are
there similar jobs for which you’d make a great
fit? Can you tap into any other skills that may not be listed on your resume?
Do your best to stay open-minded and have more jobs to consider.

Stay in Touch with Your Old Employer

If you were recently laid off due to the coronavirus, rest assured you’re not alone. Many employees lost their jobs and were left scrambling to file for unemployment or seek out other work opportunities.

However, before
you cut ties with your previous employer, consider keeping the lines of
communication open as they may plan to bring their previous staff back into the
business once the dust settles. This is an uncertain time for everyone, so keep
all your options on the table.

Take the Opportunity to Learn New Skills

Whether you’re a pro in your field or just beginning to learn the ropes,
there’s always room for anyone to acquire
new skills that can take their abilities to greater heights.

If you’re not in financial stress and don’t need to find a new job in a hurry, this can be the perfect
time to invest in your professional skills and learn something new. Browse the
internet for courses or tutorials to help you earn a new certification to add
to your resume.

Additionally, be
sure to check your local colleges and universities, as many schools are
offering free or discounted courses for people to take during the COVID-19
pandemic. If you’ve ever wanted to learn more about
anything, now is the perfect time to do so!

Pay Attention to the News

New developments
to the coronavirus and related relief efforts are announced daily. As medical
professionals and government officials continue to learn more about the virus
and adjust our precautions, you can expect a new norm for many weeks to come.

While cases have
been escalating at an alarming rate, keep in mind that things will get
better
. Stay up-to-date on the latest developments by tuning in to a
reputable news source so you can be one of the first to know if new
opportunities become available. Nonessential businesses will eventually open up
at some point, and when that moment comes, there will be an influx of new job
opportunities for those who move quickly.

Conclusion

During such difficult
times, it’s easy to become unmotivated when it
comes to pursuing new employment. Circumstances are changing each day, but
remember there is still plenty you can do to carry on with your job hunt.

Go to Guide
Privacy Policy

Several businesses are actively hiring, and others are even urgently seeking new team members. While your job hunt may look different for the next couple months, keep your head up! Together, we will overcome this crisis.

McLean Mills is a career coach and resume writer, as well as a content creator for Enhancv. He has over a decade of experience helping job seekers unlock their hidden career potentials and knows the hiring game inside and out. In his spare time, he loves jogging, playing frisbee with his dog, and spending time with his children.

The post 6 Tips for Your Job Search During the Coronavirus Outbreak appeared first on Credit.com.

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Cheap Ways to Keep Kids Entertained During Holiday Break

Cheap Ways to Keep Kids Entertained During Holiday Break is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

During the winter, it can be difficult to keep our kids entertained. Depending upon where you live, it can be really hard to entice them to stay outside for any length of time. And during the holiday break, it seems to be even worse because they don’t have school work to keep them distracted. So, we have found some cheap ways to keep kids entertained during the holiday break and the winter. Some of these ideas won’t cost you a penny, while others may cost a tiny bit of money if you don’t already have items to work with.

Volcano Fun!

If you ever went to a school science fair, I am sure you have seen a homemade volcano at least once in your life. While there are plenty of different ways to make a volcano, there is one that I ran across on accident that I prefer.

One of my favorite ways to keep my drains clear is with baking soda and hydrogen peroxide. The two of them create a chemical reaction that burns away all of the gunk that may be stopping up your drains. And when my kids were younger, they loved to watch me do it because it created a really cool effect.

Which gave me the idea to start using just those two ingredients (and sometimes food coloring when I want to get really crazy) to create homemade volcanoes for them. If you have some playdoh lying around, then that and a plate will do the trick for a volcano vessel.

Just have your kids create a volcano out of the playdoh on the plate, or even on an old piece of wood from the yard. Put a couple of spoonfuls of baking soda into the volcano. Add food coloring for effect, if desired. Then take the volcano outside and add baking soda until you start to see a reaction.

We have done this with snow also, and it was pretty cool to watch the eruption change the shape and color of the snow volcano. However you choose to create the volcano, the kids will love it and it shouldn’t cost you anything to create.

Lego Contest

If you are anything like us, then you probably have some Legos lying around somewhere. In fact, we have two huge bins of them, so there is no shortage of Leg’s around here. During the holidays, one of our favorite things to do with the surplus of Legos is to create a Lego contest.

If you have a ton of them, then the contest can get fairly creative and elaborate. And, depending upon the ages of your children, the contest will vary also. However, some of our favorite Lego contests have been:

  • Best Lego house
  • Most elaborate Lego swimming pool
  • Most creative Lego car
  • Craziest Lego family
  • Biggest Lego city
  • Best Lego luxury boat

These are just a few ideas to get you started, so get creative and have fun!

Treasure Hunt

Having a treasure hunt is always a crowd pleaser and is sure to keep kids entertained. Creating a treasure hunt is similar to the Lego contest, in that it can easily be varied based on the ages of your kids and the environment. If it is too cold outside, then you can keep the treasure hunt inside.

I like to create our treasure hunts so that they are both inside and outside, so the kids can get some fresh air. The easiest way to do this is to create a simple map and create clues to where you have hidden the treasure. The treasure can be anything, really. Hiding candy for pretend gold doubloons are always a favorite of our kids. But, you could also hide a deck of cards, a pair of warm fuzzy socks, or a small set of Legos.

I like to try and find things that we have lying around that the kids have forgotten about to hide as treasure. Sometimes I’ll throw a lollipop or piece of candy in the treasure also, for added excitement.

The treasure can be hidden in an old bag or something more elaborate like a plastic pirate treasure chest with a lock. If you use something like this, then they will have to find the key along the way before they get to the treasure. This is a ton of fun!

Make Your Own Games

Making your own games can also be a lot of fun. Especially if you put the kids in charge of making them. We happen to have a couple of artists in our house who love creating and drawing, so this is a great plan for them.

Just give them some blank paper, scissors, and crayons, markers or colored pencils to get started. Then have them create their own Snakes and Ladders, Candy Land or Pin the Tail on the Donkey game. And it doesn’t even have to be a donkey, but any animal they’d like to pin the tail on.

Let them get creative and really work hard to create their own versions of the games. Once they are done, then comes the real fun for everyone. Making and playing these homemade games can keep kids entertained for hours. Which I am a huge fan of!

Obstacle Course

And last, but definitely not least, creating an obstacle course is always a ton of fun. We like to use things such as:

  • Old boards
  • Chairs
  • Buckets
  • Planters
  • Hammock
  • Garden hose
  • Plastic bins
  • Rakes
  • Shovels

Creating an obstacle course is something that we usually prefer to create outside, just so there’s less chance of slamming into walls or furniture. But, it could be created indoors also, if the weather outside simply won’t comply.

Have your kids work on finding the raw materials around the house or yard to create the obstacle course with. Then have them create the obstacle course, which needs to be realistically doable. Then, you can time each kid running the obstacle course to see who the winner is.

After the course has been run a few times, then have the kids rearrange to create a completely different course. This is an activity that can not only keep them busy for hours but help burn out some energy and get them some fresh air. Bonus!


These are some fantastic, cheap ways to keep kids entertained!
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Keep Kids Entertained Summary

When it comes to the holidays and too much free time, there are many ways to keep kids entertained. And they don’t have to cost you very much if any, money. Use what you have at your disposal first, so you don’t have to buy anything extra. So, creating a volcano or an obstacle course might be great first choices. After you’ve tried those, I would suggest having your kids make their own games and a Lego contest, followed up by a massive treasure hunt. No matter which options you choose, your kids are sure to be entertained, which makes everyone’s life much easier.

What ideas do you have to help keep kids entertained during the holidays this year?

Cheap Ways to Keep Kids Entertained During Holiday Break is a post originally published on: Everything Finance – Everything Finance – Its all about Money!

Source: everythingfinanceblog.com

How To Start A Blog For Income or Fun in 2021

So you’d like to learn how to start a blog? Maybe make some money?  Work for yourself and live life on your own terms? Sounds like a dream, right? You may be thinking… The only bloggers who are successful and making money started years ago when there was less competition or they have high-profile connections […]

The post How To Start A Blog For Income or Fun in 2021 appeared first on Incomist.

Source: incomist.com

16 Best Survey Sites

This page may include affiliate links. Please see the disclosure page for more information. Sharing your opinions by taking part in surveys is a great way to influence products and services and make some cash at the same time. The best survey sites work with companies to get consumer thoughts on current and future products and services….

The post 16 Best Survey Sites appeared first on Debt Discipline.


16 Best Survey Sites was first posted on November 8, 2020 at 12:59 pm.
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Why It’s the Year of the Side Hustle

Side hustles have always been a good way to earn more money and better your finances. With so many people in debt while wages have fallen flat, they’ve become especially popular over the past decade. Now, with the coronavirus pandemic, we’ve seen them shoot ahead in popularity even further. 

According to a recent survey by credit-building platform, Self, just over half of Americans plan to start a side hustle as a direct result of the pandemic. The numbers get really interesting when you break them down by age, too. The majority of Millennials (around 70%) plan to start a side hustle, while only a few — around 20% — of Boomers have the same idea. 

Coronavirus and Unemployment: Changing How People Earn Money

Unless you’ve been living under a rock, chances are you already know the heavy toll the pandemic has taken on the economy. Still, it’s worth taking a second look at the numbers. By May 2020, after everything shut down, the number of unemployed people in the U.S. shot up even higher than figures during the Great Depression. It ranged higher than 14 million unemployed people, compared to the Great Depression’s peak of 8.8 million unemployed. The unemployment rate at its peak in 2020 was 16%. 

Today the economy is reopening and the unemployment rate has gone back down, but still stands twice as high as normal — 8% — as of August 2020. Even if you are lucky enough to be back at work today, chances are good that you’re still not earning as much as you were before. Your hours might’ve been reduced, you might’ve missed out on pay raises, or you might’ve suffered a pay cut. 

If you’re still unemployed, the picture isn’t any better. The extra $600 weekly unemployment assistance dropped off at the end of July, leaving many people with normal piddly paycheck amounts. 

Finally, even if you’re one of the lucky ones who’s been totally unaffected by all of this, at least you’ve seen the devastation that can happen and maybe you’re spurred on to make sure that doesn’t happen to you. No matter which segment you fall into, everyone’s seeing how important diversifying your income with a side hustle is right now. 

12 Most Popular Side Gigs of the Year

Whether you call them “side hustles” or not, people have been finding creative ways to earn a little extra on the side ever since economies have existed. But today, with COVID, some side hustles are more popular than others. Here are some of the most popular side gig options this year:

1. Deliver Groceries and Food

With so many people trying to keep their distance, one hot job that’s been booming is food delivery workers — specifically, through apps like DoorDash, GrubHub, UberEats, Instacart, Shipt, and more. All you need is a car and a smartphone. And while your chances of being exposed to COVID are greater than if you’d found an online gig (please, avoid this one if you’re high-risk!), contact-free delivery options are making it a bit safer. 

2. Transcribe Audio Files

If you’re looking for a good way to boost your typing speed and listen to (potentially) interesting conversations, give transcription a try. You can find partner websites that’ll send you audio files or advertise your services in writer’s groups. All you have to do is type out the audio accurately and send your transcription back to the partner. 

The startup cost on this side gig is low — all you need is a computer and internet, which you might already have if you’re reading this. Beyond that, a small investment in a foot pedal — a hands-free way to start and stop audio — keeps your hands on the keyboard so that you type faster and earn more money in the process. 

3. Tutor a Student

The education system is a mess right now. Many kids are stuck at home and are falling behind in their studies. Parents are at their wit’s end, and looking for ways to help their children grow and stay entertained. That’s where you come in. There are many opportunities to tutor students online, and if you and the other party is comfortable, you can even meet up in person for socially-distanced learning.

4. Pet-Sitting and Dog-Walking

Even though normal travel isn’t really a thing right now, there still are more people than ever travelling locally. Many people can only stay in their home so long without going stir-crazy, after all. A lot of pet sitters are finding that business is booming right now, and you can get in on the action, too. 

Apps like Rover and Wag! make it easy to get started. Even if you can’t watch someone’s pup for them, you can still offer your services as a dog walker and get out of the house while still distancing yourself from other people. 

5. Freelance Writing or Starting a Blog

Do you have an interesting story? Would you like to write about other people who do? If so, now’s a great time to start your own blog or freelance writing side hustle. Blogging takes a lot of work and time before it really pays off, although if it does, you can earn a lot of money. Freelance writing might be more lucrative right off the bat, and you can even leverage your new blog as a way to showcase your writing to earn work with paid clients. 

6. Become a Virtual Assistant

With so many people working entirely online these days, an entire new industry of workers have cropped up: virtual assistants. As a virtual assistant, your job may be as varied as the people who hire you. You might find sources for interviews, keep track of tasks in a database, answer reader emails, make graphics, write blog posts, and more. And since it’s entirely virtual, your potential client list is global. 

7. Take Surveys

This side hustle might not replace your day job, but if you have a few extra minutes while you’re watching TV, baking, or spending endless hours listening in on Zoom meetings, you can earn a bit more cash. There are a lot of places to earn money with surveys, so be sure to try your hand at more than one. 

8. Web and App Development

Techy skills are in demand right now, especially with so many people working online. If you know a bit of code — or want to learn — now’s a great time to get started with this side hustle. You can find work through Fiverr and Upwork, or advertise independently elsewhere. If you know how to develop apps, see if you can come up with any ideas to make quarantine life easier for everyone — that would be a hit for sure. 

9. SEO Developer

The only option most local businesses have to reach potential customers these days is online. But the mom-and-pop pizza shop down the road probably isn’t up to snuff when it comes to advertising on Google and social media. These skills are especially in demand right now, and there are many courses you can take to learn more and start this side hustle immediately. 

10. Write eBooks

Are you good at coming up with stories? If you’ve got some time on your hands and you don’t have any pressing money concerns, writing ebooks can be a great way to set up a passive income strategy that’ll keep paying you throughout the future. Just like with blogging, it can be a risky strategy since it may not pay off immediately. But if you have a passion for words, a creative imagination, and an entrepreneurial spirit, this could be a great side hustle for you.

11. Social Media Strategist

Companies often aren’t SEO experts, and they aren’t social media experts either. But if you were raised alongside Instagram, Facebook, and Twitter, and love mastering the newest social media channels, this could be a great side hustle for you. You’ll need to learn how to work with brands and companies to represent them online so that they sell more products — and in turn, can pay you the big bucks. 

12. Do Odd Jobs

We’ve covered some of the websites you can use to earn money during the pandemic right now, but it bears repeating here. Websites like TaskRabbit, Fiverr, and Upwork have many more opportunities than what we’ve listed here. 

For example, you could help with mowing lawns, helping someone move to a new house, delivering things from stores, designing printable PDFs, teaching someone how to play guitar, and more. The opportunities are endless, and it’s free to browse and see what small odd jobs are available in your area. 

The Bottom Line

The year 2020 will probably go down in most people’s books as one of the worst on record. It’s important to acknowledge the bad that’s happening, but it’s also important to look forward, too. Even in the midst of all of this craziness, there is an opportunity for growth and a way to better your finances. No one can pinpoint when a pandemic will happen, but you can plan your financial response to big events like this. 

The post Why It’s the Year of the Side Hustle appeared first on Good Financial Cents®.

Source: goodfinancialcents.com

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